GABZ
ActiveSummary
GABZ has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,645) and a net result of -€2,737. Its solvency ranks better than 5% of 820 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- -€36,645
- Loss
- -€2,737
- de CADOINE de GABRIAC Jean-GuyDirector
- GARNIER OliviaDirector
Why 54raises riskCapped at 59: negative equityLast filed accounts filed 77 days late; 1 of the last 3 lateNegative equity -€36,645lowers riskSector: Publishing activities (NACE 58)Liquidity: current ratio 0.00, cash €120, halvedShow the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro): better than 7% on solvency, 39% on liquidity, 8% on profitability and 33% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 36 days after the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: GARNIER Olivia (director) and…
Financials · financial year 2025, micro format
2025 annual accounts filed late (77 days) Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00560487.
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €2,657 in 2025 against €34,855 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 58, Publishing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€34,855 | -€2,657 | ▲ 92.4% |
| Operating profit (loss)9901 | -€34,855 | -€2,657 | ▲ 92.4% |
| Financial income75/76B | - | €25 | - |
| Recurring financial income75 | - | €25 | - |
| Financial charges65/66B | €53 | €106 | ▲ 101% |
| Recurring financial charges65 | €53 | €106 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | -€34,908 | -€2,737 | ▲ 92.2% |
| Profit (loss) for the period9904 | -€34,908 | -€2,737 | ▲ 92.2% |
| Profit (loss) for the period to be appropriated9905 | -€34,908 | -€2,737 | ▲ 92.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €865 | €120 | ▼ 86.2% |
| Current assets29/58 | €865 | €120 | ▼ 86.2% |
| Amounts receivable within one year40/41 | €484 | - | - |
| Other amounts receivable41 | €484 | - | - |
| Cash at bank and in hand54/58 | €382 | €120 | ▼ 68.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €865 | €120 | ▼ 86.2% |
| Equity10/15 | -€33,908 | -€36,645 | ▼ 8.1% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€34,908 | -€37,645 | ▼ 7.8% |
| Amounts payable17/49 | €34,773 | €36,765 | ▲ 5.7% |
| Amounts payable within one year42/48 | €34,773 | €36,765 | ▲ 5.7% |
| Trade debts44 | €1,210 | €1,210 | = |
| Suppliers440/4 | €1,210 | €1,210 | = |
| Other amounts payable47/48 | €33,563 | €35,555 | ▲ 5.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€34,908 | -€2,737 | ▲ 92.2% |
| Operating cash flow (approximation) | -€34,908 | -€2,737 | ▲ 92.2% |
| Change in cash | - | -€262 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 16-10-2026 | 2026-00560487 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00306220 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| de CADOINE de GABRIAC Jean-Guy |
|
| GARNIER Olivia |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
15-09
Gazette deed
IncorporationAppointments: GARNIER Olivia (director) and de CADOINE de GABRIAC Jean-Guy (director) · Founder · Founding capital14 facts ▸
- Founder, GARNIER Olivia
- Founder, de CADOINE de GABRIAC Jean-Guy
- Other provision, “capacité des comparants, document de séjour et registre national” (deed in French)
- Other provision, 04-09-2023
- Other provision, “responsabilité des fondateurs en cas de faillite, trois ans de sa constitution” (deed in French)
- Incorporation, 12-09-2023
- Founding capital, €1,000
- Capital, €1,000
- General meeting, “fixer nombre administrateurs commissaires nomination administrateurs non statutaires commissaire première assemblée premier exercice, comparants en assemblée so…” (deed in French)
- Board rule, 2
- Director appointment, GARNIER Olivia (director)
- Director appointment, de CADOINE de GABRIAC Jean-Guy (director)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0065/00F000 | Brussels | 668 m² | 1 · 185 m² | 34.2 m · 9 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toute activité liée à la création,à la production,à l’édition et à l’exploitation de tous contenus éditoriaux,au sens le plus large,sous…” (deed in French)
10 activities (deed in French)
- Toute activité liée à la création,à la production,à l’édition et à l’exploitation de tous contenus éditoriaux,au sens le plus large,sous quelque forme que ce soit(notamment mais non exclusivement de romans,de pièces de théâtre,de formats audiovisuels,de revues,de périodiques,de magazines…),et tout ce qui y est lié,notamment mais non exclusivement la distribution,la promotion,la vente et l’export de ces contenus.
- Toute activité liée à la production et l’édition de livres,sous forme papier et électronique ainsi que toutes gammes de produits dérivés en relation avec les contenus produits et édités.
- Toute activité liée à l’édition,la production et l’exploitation de dessins animés,mise en scène et écriture de pièces de théâtre,blog,podcast.
- La conception,l’édition et la commercialisation des produits dérivés en liens avec les personnages et l'univers des contenus éditoriaux qui seront développés(livres et pièces de théâtre).
- Procéder à l’obtention de tous droits d’auteurs ou de reproduction,de toutes concession,prises de brevets ou achats de brevets ou licences de toutes marques destinées à l’exploitation et à la réalisation de son objet.
- Prendre des intérêts dans,coopérer ou fusionner avec toutes associations,affaires,entreprises ou sociétés qui ont un objet identique,similaire ou connexe,ou qui sont susceptibles de favoriser son entreprise,par n'importe quel moyen.
- Accepter et exercer tout mandat d’administrateur,de gérant ou de liquidateur ou tout mandat similaire dans d’autres sociétés,que ce mandat soit rémunéré ou non.
- Consentir toute forme de sûretés en garantie d’engagements de sociétés liées,sociétés associées,sociétés avec lesquelles il existe un lien de participation et de tiers en général.
- Accomplir toutes opérations industrielles et commerciales,financières et civiles,mobilières et immobilières ayant un rapport direct ou indirect avec son objet et pouvant en faciliter la réalisation.
- S'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est analogue ou connexe au sien ou susceptible de favoriser son développement ou de constituer une source de débouchés.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GABZ
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,succursales,agences,dépôts et comptoirs en Belgique et à l'étranger par simple décision…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, assemblée générale des actionnaires” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor